Valley Wealth Managers Inc. Decreases Stock Position in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

Valley Wealth Managers Inc. decreased its holdings in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 53.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 24,715 shares of the company’s stock after selling 28,398 shares during the quarter. Valley Wealth Managers Inc.’s holdings in iShares U.S. Medical Devices ETF were worth $1,464,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James & Associates raised its holdings in shares of iShares U.S. Medical Devices ETF by 0.5% during the 3rd quarter. Raymond James & Associates now owns 378,727 shares of the company’s stock worth $22,428,000 after acquiring an additional 1,756 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in iShares U.S. Medical Devices ETF by 11.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,825 shares of the company’s stock worth $439,000 after purchasing an additional 786 shares during the period. International Assets Investment Management LLC boosted its holdings in iShares U.S. Medical Devices ETF by 5,167.0% in the 3rd quarter. International Assets Investment Management LLC now owns 758,814 shares of the company’s stock valued at $44,937,000 after purchasing an additional 744,407 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of iShares U.S. Medical Devices ETF by 10.0% in the 3rd quarter. Private Advisor Group LLC now owns 66,263 shares of the company’s stock valued at $3,924,000 after buying an additional 6,022 shares during the period. Finally, AMG National Trust Bank increased its holdings in shares of iShares U.S. Medical Devices ETF by 100.0% during the 2nd quarter. AMG National Trust Bank now owns 7,776 shares of the company’s stock worth $436,000 after buying an additional 3,888 shares during the last quarter.

iShares U.S. Medical Devices ETF Stock Up 0.2 %

Shares of iShares U.S. Medical Devices ETF stock opened at $59.54 on Friday. The firm has a market cap of $5.63 billion, a PE ratio of 35.18 and a beta of 0.83. iShares U.S. Medical Devices ETF has a 52 week low of $48.19 and a 52 week high of $60.88. The business’s fifty day simple moving average is $59.10 and its 200-day simple moving average is $57.21.

iShares U.S. Medical Devices ETF Company Profile

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.